ICO Launch of PUMP Token by Pump.fun Scheduled for July 12
Pump.fun, a new player in the cryptocurrency market, is set to launch its PUMP token through an Initial Coin Offering (ICO) on July 12, 2025. The four-day event will run until July 15, or until all allocated tokens are sold out, with a total of 150 billion PUMP tokens up for grabs - representing 15% of the total token supply of 1 trillion tokens.
The PUMP token sale will take place on the Pumpfun platform and six major centralized exchanges, including Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate.io. However, users from the United States and United Kingdom are excluded from participation due to regulatory restrictions.
Participants are required to complete a know-your-customer (KYC) process as part of the sale. This involves submitting and verifying personal data such as full name, date of birth, proof of identity, and address to comply with Anti-Money Laundering (AML) regulations common in crypto exchanges and ICOs.
MEXC exchange offers two pools for participation in the sale. The Exclusive Pool for New Users allows participants to invest between 5 to 75 USDT at a discounted price of 0.0024 USDT per token (40% off), with a total allocation of 312.5 million PUMP tokens. The Open Pool for All Users, on the other hand, offers a price of 0.004 USDT per token, with an individual limit ranging from 5 to 100,000 USDT and a total allocation of 1 billion PUMP tokens.
The PUMP token is intended to build a decentralized alternative to major social platforms. Each token will be priced at $0.004 during the ICO, and all tokens from the ICO will be fully unlocked from day one, regardless of whether they are sold during the public sale or not.
It is important to note that U.S. users are excluded from the public sale. The exact details about whether the PUMP token launch is still scheduled for July 12 and if the PUMP token is still intended to build a decentralized alternative to major social platforms are not specified.
Pumpfun utilizes the Solana blockchain for token creation and liquidity, with a bonding curve mechanism for pricing and liquidity management, facilitating rapid, automated market-making without external intermediaries. The funds raised from the ICO are not specified for a particular use at this time.
Interested parties can join the ICO by registering on the Pumpfun platform or one of the six listed exchanges, completing the mandatory KYC verification, and subscribing to the token sale according to the available subscription pools and limits.
- The PUMP token, which is intended to provide a decentralized alternative to major social platforms, will be available for purchase during the Initial Coin Offering (ICO) on the Pumpfun platform and six major centralized exchanges, with the sale using the Solana blockchain for token creation and liquidity.
- To participate in the PUMP token sale, users are required to complete a know-your-customer (KYC) process, which involves submitting and verifying personal data such as full name, date of birth, proof of identity, and address to comply with Anti-Money Laundering (AML) regulations common in crypto exchanges and ICOs.
